just giving it a try.86243_600 m.JPG
I Do
I Don't
just giving it a try.86243_600 m.JPG
Anyone care to predict the quarter and the effect on the sp?
I say blowout quarter and the sp soars like a lead balloon with a Thursday close $3.87. If I am wrong and the sp reacts rationally, I believe that will signal a beginning of a break from the Charlie Brown effect.
I WIN. GAME OVER. CHECK MATE. I CONTROL YOUR EVERY MOVE. WATCH WHAT HAPPENS NEXT
Best bet is not to predict or assume anything. This stock has had a number of decent quarters which has failed to be reflected in the stock price. Don't let the forum HYPE get you too excited. It's best to wait and see. Especially in this very poor economic environment. The market seems like it's looking for any indication of "weakness" it can find.
I WIN. GAME OVER. CHECK MATE. I CONTROL YOUR EVERY MOVE. WATCH WHAT HAPPENS NEXT
Good Morning
Hey BCOZ, BDP, NJ, Raptor, User, Sly, Waldo, Stag, and Denco! Hope you guys had a super duper weekend!
I WIN. GAME OVER. CHECK MATE. I CONTROL YOUR EVERY MOVE. WATCH WHAT HAPPENS NEXT
Trying to sell the NFLX covered calls this morn.....Gonna wait for the mkt to shake out a bit before committing.
Also, here's my SIRI Earnings Trade. Selling the Oct30 $4 Puts....if I can collect $.15+ for them. I'll buy them back for $.05 if I can on any pop in price over $4, or if not, I'll jut hang onto them. Worst case I'm buying SIRI for $3.85 or lower net the premium.
Edit #1: have orders in to sell NFLX Nov 20 $100 calls @ $5
Also just sold NFLX Oct 30 $93.50 Puts @ $2.10 (what the heck...may as well take advantage of price weakness.
Last edited by user34615145; 10-19-2015 at 10:08 AM.
So if memory serves correct...we settled with the likes of sony for 220 mill. Took half the charge q2 and taking the other half charge q3.
If they had taken the whole charge q2 maybe it would have been enough to come in lower than expected eps...hence the split on taken half then, half now.
Think numbers will be blowout, but that charge of 110 million keeps us in check...we meet not beat as usual.
My call is that presuming we hold the 3.95 level end of close on Wednesday, then a +5% move to the upside from there gets us to 4.14/4.15 area. Of course if they announce hs news signing in conjunction then we hit 4.20 - 4.25 before pulling back.
The way i am playing this is wherever we sit wendsday at close (hopefully 3.95 or higher) i will be expecting a 5% move before sellers come in. Look to pre mrkt am of cc for your best bet to get that +5% price.
That' s my game plan.
Last edited by dm_4; 10-19-2015 at 11:58 AM.